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421 S Flower Ave, Brea, CA 92821
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421 S Flower Ave Brea, CA 92821

$1,255,000 Sold Price as of 04/30/2019
  • 6 Beds
  • 6 Baths
  • 3,245 Sq.Ft.
Sold
$1,255,000 Sold Price as of 04/30/2019 Refinance Your Mortgage
Map preview of 421 S Flower Ave, Brea, CA 92821

Property Overview: 421 S Flower Ave Brea, CA has 6 bedrooms, 6 bathrooms, 3,245 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great income producing property! Two Homes on one lot! Investment Opportunity in Downtown Brea - That's right 2 single family homes offering 3 bedrooms, 2.5 bathrooms and each a seperate 2 car garage. This property is located within walking distance to entertainment, restaurants and many of the activities that Downtown Brea has to offer. Great award winning school districts. Tenants do share driveway and homes have newer roofs and A/C units as well as updated interior and laundry hookups.

Listed by Dustin Sweeter | BRE #01948482 | Keller Williams Realty
Co-listed by Michael Killam | BRE #01416474 | Keller Williams Realty
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1991
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
IG19046362
City
Brea
County
Orange
Time on Site
1383 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,800
  • Net Operating Income: $50,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,000
  • New Taxes: $12,456
  • Trash: $0
  • Insurance: $1,536

Property Details for 421 S Flower Ave

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 28424420
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Brea
  • Directions: East on Elm - North on Flower (Major Cross Streets - S.Imperial/EBrea)
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Brea Agent

Sale History for 421 S Flower Ave

Last sold for $1,255,000 on April 30th, 2019

  • May, 2019

  • May 1, 2019

    Date

    Sold

    CRMLS: IG19046362

    $1,255,000

    Price

  • Mar 9, 2019

    Date

    Pending

    CRMLS: IG19046362

    $1,325,000

    Price

  • Mar 2, 2019

    Date

    Active

    CRMLS: IG19046362

    $1,325,000

    Price

  • April, 2019

  • Apr 30, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,255,000

    Price

  • September, 2017

  • Sep 8, 2017

    Date

    Sold

    CRMLS: PW17119748

    $1,087,500

    Price

  • Sep 1, 2017

    Date

    Pending

    CRMLS: PW17119748

    $1,250,000

    Price

  • Aug 25, 2017

    Date

    Active Under Contract

    CRMLS: PW17119748

    $1,250,000

    Price

  • Jul 5, 2017

    Date

    Price Change

    CRMLS: PW17119748

    $1,250,000

    Price

  • Jul 5, 2017

    Date

    Active

    CRMLS: PW17119748

    $1,150,000

    Price

  • Jun 20, 2017

    Date

    Active Under Contract

    CRMLS: PW17119748

    $1,150,000

    Price

  • May 30, 2017

    Date

    Active

    CRMLS: PW17119748

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible investment opportunity in Downtown Brea * TWO newer single family homes, each offering 3 bedrooms, 2.5 baths plus separate 2 car garages situated on ONE lot! Front unit is 1,615 SF, Back unit is 1,630 SF * Walking distance to entertainment, restaurants & transportation plus energetic Downtown Brea activities * Excellent condition w/pretty tile entry, berber carpeting, warming fireplace in living room & formal dining w/bay window * Kitchens are light & bright w/Corian countertops, gas range, dishwasher, garden window, casual dining counter plus convenient meal planning desk * Kitchen opens to separate family room w/slider to private patios * Powder room downstairs plus 2 baths upstairs * Abundant linen storage upstairs is sure to be appreciated * Master bedroom is spacious with mirrored wardrobe doors, separate 3/4 bath & inviting bay window * Each unit enjoys direct entry into its own 2-car garage with convenient laundry hookups (one unit includes washer & dryer) * Tenants share spacious driveway * These homes have newer roofs & A/C units * Now may be the perfect time to purchase an investment property!

  • September, 2017

  • Sep 8, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,087,500

    Price

Show More

Tax History for 421 S Flower Ave

Assessed Value (2020): $1,280,100
Year Land Value Improved Value Assessed Value
2020 $888,958 $391,142 $1,280,100

Home Value Compared to the Market

This property vs the competition

421 S Flower Ave sold on April 30, 2019 for 10.42% higher than the current median sold price for the city of Brea which is $1,200,000. The median sold price per/sqft for Brea is $601 and this home is sold at $408.32 per/sqft which puts the price per square foot 32.06% lower than the current median sale per square foot for the city of Brea.

About 421 S Flower Ave

Detailed summary of property

421 S Flower Ave is a multi family that recently sold in Brea, CA 92821. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 3,245 living square feet, and sits on an approximately 8,276 square foot lot. 421 S Flower Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,255,000. Home in Brea are selling for a median price of $1,200,000 and a median price per square foot of $601. Based on Ardent Real Estate Group's Brea Market Data, this home is sold 10.42% higher than the current median priced home. Local homes that are currently for sale include 915 W Maple Ave, 705 E Walnut Ave and 13931 Leffingwell Rd. While the average home in Brea, CA is selling in 40 days, 421 S Flower Ave has a days on market of 6 days. There are currently 40 homes for sale in the Brea real estate market and 35 of them are single family homes while 4 of them are condos and 1 are townhomes. For more information on this home for sale at 421 S Flower Ave Brea, CA 92821 contact Ardent Real Estate Group and we will put you in touch with one of our Brea agents.

Public Facts for 421 S Flower Ave

Public county record property details
Beds
2
Baths
1
Year built
1939
Sq. Ft.
680
Lot Size
8,511
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
29
APN
284-244-20

The source for these homes facts are from public records.

92821 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$548
Median Sold Price
$1,185,150
Median Sold Price/Sq.Ft.
$589
Total Inventory
32
Median Sale to List Price %
118.52%
Avg Days on Market
19
Loan Type
Conventional (59.09%), FHA (0%), VA (0%), Cash (22.73%), Other (18.18%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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